Neo.Tax

Neo.Tax builds an AI engine for enterprise tax, beginning with R&D tax credits and ASC 350-40 software capitalisation. Its platform automates the IRS R&D credit application process, replacing surveys, interviews and manual documentation with continuous analysis of engineering data. The system integrates with project management tools such as Jira, payroll systems, GitHub and financial ledgers, and produces audit-ready documentation meeting IRS standards. Founded in 2019 and headquartered in Mountain View, California, the company has raised $25M and counts Fortune 2000 firms among its customers.

The technical work rests on machine learning trained on IRS codes and regulations, agentic AI and real-time data integration. Six AI agents run continuously across engineering signals to establish a single source of truth for R&D and software-cap decisions: Project Creator, IRS Qualification, Quantifier, QRE Calculator, Project Narrative and QRE Defender. Their collective output covers qualification, quantification and calculation of Qualified Research Expenses, along with generated narratives and defence of those determinations.

The company is SOC 2 Type II certified and ISO 27001 compliant, and offers single-tenant deployments. Its customers span enterprise tax, CFO functions and software engineering, where the platform's decisions about R&D activity and software capitalisation feed directly into financial reporting.